Amazima Asset Trust

“The draft Form 990 is reviewed by the Trust's top management official and top financial official before it is filed with the IRS. A copy of the final return is also provided to the voting members of the Trust's governing body prior to its filing with the IRS.”

“The Trust's conflict of interest policy is distributed to each member of the Trust's governing body on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Trust officials to take appropriate actions as required by the policy.”

“The Trust does not pay any direct salaries, and therefore does not have a process for determining compensation as outlined in Form 990, Part VI, Section B, Line 15. The salary reported in Form 990, Part VII, was paid to Rachel Weir, Trustee, by a related organization, Amazima Ministries International, Education and Empowerment for East Africa ("Amazima Ministries International"). Rachel Weir is also the CEO of Amazima Ministries International, which has adopted an executive compensation setting policy applicable to its CEO. Under the policy, the compensation of the CEO is reviewed by members of the Board of Directors who do not have a conflict of interest with respect to these individuals. The Board utilizes comparability data and contemporaneously substantiates its deliberations and decisions.”

“The Trust provides, upon request, copies of its Trust Agreement, conflict of interest policy, and its financial statements.”

“The Trust has informally adopted the Whistle Blower Policy and Written Documentation Retention and Destruction Policy of its supported organization, Amazima Ministries International.”

“The Trust's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”